Was there any news that sparked the sell-off in Crude ?

Discussion in 'Commodity Futures' started by fluttrader, May 15, 2008.

  1. Wouldn't help much. It just would push the crude trading to other fuels or offshore. The only effect would be to lose revenue to other places.
     
    #21     May 15, 2008
  2. Or at least for a plateau!
     
    #22     May 15, 2008
  3. jasonjm

    jasonjm

    does anyone know if the giant crude fall co-incided with the ICE system failure?

    IE did someone decide to rape the ICE crude traders?
     
    #23     May 15, 2008
  4. mokwit

    mokwit

    .....or vice versa i.e. with ICE down they couldn't play their games.
     
    #24     May 15, 2008
  5. jasonjm

    jasonjm

    so ice dropping and the giant sell off are at same time today?

    if thats true what a ridiculous circus crude oil is
     
    #25     May 15, 2008
  6. Cutten

    Cutten

    I didn't realise the Senate had authority over foreign futures exchanges.
     
    #26     May 15, 2008
  7. Cutten

    Cutten

    If that is the reason, how come crude is unchanged on the day?
     
    #27     May 15, 2008
  8. :) :p :cool: :D
     
    #28     May 15, 2008
  9. MAESTRO

    MAESTRO

    I am doing well. How are you? Didn't you tell me that my short 1450 Calls and my long June 1 STD Puts will never work out? Well, they just did. I typically think through my positions very well before I take them. Good luck!
    Cheers,
    MAESTRO
     
    #29     May 23, 2008